Section

Adani Power inks initial pact to sell entire stake in two arms to AdaniConnex for Rs 540 cr

By Economic Times - 10 months ago
Adani Power has signed a deal to sell its two subsidiaries, Aviceda Infra Park and Innovant Buildwell, to AdaniConnex for Rs 540 crore. The subsidiaries will no longer be wholly-owned by Adani Power after the sale. The transaction is expected to be completed by March 31, 2024.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.